$1,600,000
For Sale

16051 Los Alimos Street

Granada Hills, CA 91344
0.67 acres | #SR24241283
Listing OfficeRE/MAX One
Browse 7 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

CURRENTLY THERE IS A 3+2 HOME RENTED ON A MONTH TO MONTH LEASE WHICH GENERATES INCOME WHILE LOT IS APPROVED FOR THE NEW DEVELOPMENT.
PROPERTY FALLS UNDER SB 35, which means a streamlined approval for lot adjustments and plan approval, AND YOU CAN GET FOUR LOTS OUT OF THIS PROPERTY. (YOU NEED TO CONFIRM WITH THE CITY) UNDER SB 9, YOU COULD BE ABLE TO BUILD TWO HOMES PER LOT AND TWO ADUS PER LOT! OR SIXTEEN HOMES!!!
WHICH LEAVES A LOT OF UPSIDE FOR A DEVELOPER OR LANDLORD. THE CHOICE IS YOURS! DRIVE BY ONLY. PLEASE DO NOT DISTURB THE TENANTS. FOR MOR INFORMATION, PLEASE CALL THE LISTING AGENT. Buyer to confirm the above information.
FANTASTIC OPPORTUNITY FOR INVESTOR OR OWNER USER. THE HOME IS LOCATED ON A QUIET STREET AND OFFERS A WIDE-OPEN THREE-BEDROOM TWO, TWO-BATH HOME WITH A TWO-CAR DETACHED GARAGE THAT COULD EASILY BE TURNED INTO AN ADU AND INCREASE YOUR CASH FLOW, BUT THE HIGHEST AND BEST USE FOR THIS PROPERTY IS DEVELOPMENT!
bUYER TO CONFIRM THE ABOVE WITH THE CITY DURING THEIR DUDILLAGENCE PERIOD!

  • Property Details
      • Utility FeaturesCableAvailable, ElectricityAvailable, ElectricityConnected, NaturalGasAvailable, NaturalGasConnected, PhoneAvailable, PhoneConnected, S
      • Lot DescriptionZeroToOneUnitAcre, FrontYard, SprinklersInFront
      • CountyLos Angeles
      • Original List Price$1,600,000
      • MLS #SR24241283
      • MLS #SR24241283
      • Property TypePurchase
      • Cost1600000
      • Acres0.6735
      • Utility SourcePublic
      • Property SubtypeLand

Location

Ustedcalificaynolosabe#TheRealEstateGuy
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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